After saying April 8, 2014 XP Users will get nothing from Microsoft, they changed their minds a little. It is a reprieve, and a temporary one at that.
Microsoft will provide Virus Warnings until July 14, 2015.
Bastille Day? Interesting choice. All the virus writers will have to wait to storm the defenses until that day.
Of course if you are using some other virus scanner like McAfee or Norton, they will continue to support you like they have been.
This doesn't mean that they promised to provide fixes in Windows Updates, the holes that scare the IT Guy at your office will still be there. It only means that they will be providing updates to their anti virus program Microsoft Security Essentials for Windows XP until that date. You will still be targeted by virus writers for those holes in the system.
Microsoft Security Essentials is the same program that runs on Windows Vista and Windows 7 and is included or "baked in" to Windows 8 and 8.1. It seems like the virus signature file downloads are most likely the same in both products but there's a switch somewhere that will be thrown to stop it from working with Windows XP.
Planned Obsolescence. Pay more and upgrade or else.
Their response is straightforward - upgrade to a newer operating system.
This might be why I have so many Linux based computers around these days... But for people who don't want to learn a new operating system, don't stick with XP - the holes will still let the viruses get in, and if the antivirus doesn't catch them, you won't get a fix from Microsoft. If you really are against learning a new Operating System, Windows 7 is the closest thing that you can get for that old beater of a computer that looks "normal"... you know - looks like XP. Even Windows 7 may not save you if you have a really old machine with less than 2GB of memory, but Linux would run comfortably on most machines in that class.
Most. Don't get silly, that old Pentium 4 needs to be recycled. I could get something to run on that, but it would be limited and I'm not really interested in doing free support.
Also, if you really are going to keep your old machine and upgrade to Windows 7, remember that Windows 7 is an install not an upgrade.
About 30% of all desktop computers run some form of Windows XP. I've read statistics that "Some Form Of Windows XP runs on 95% of all ATM Machines in the US", although I really doubt that statistic. That "Some Form" is probably Windows XP Embedded which is a very different monster than what you know and love on your desktop computer. The networking component has been made more secure, although you have to wonder just how secure it really is.
I'll stick with my earlier comments, time to upgrade folks. XP is about to XPire.